In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19).
The deadline for applying for these SBA loans has now been extended until October 31, 2020. This loan provides economic relief to small businesses and non-profit organizations that are currently experiencing a temporary loss of revenue. Businesses may apply through a streamlined application process on the SBA Website.
Questions about qualifications, terms and conditions are available Here